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Dish Network s 4Q Sales Rise On Higher ARPU; Street Says Hold

Dish Network Corp reported better-than-expected sales in the fourth quarter as the streaming and wireless services provider saw an increase in average revenue per user (ARPU). Shares of Dish Network (DISH) rose about 1.43% in pre-market trading on Feb. 22. The company posted earnings per share (EPS) of $1.24 during the fourth quarter, which came in ahead of analysts’ expectations of $0.75. Total revenue of $4.56 billion topped analysts’ estimates of $4.42 billion. During the quarter, the company’s net pay-TV subscribers decreased by about 133,000 versus a decline of about 194,000 a year ago. Notably, the company’s ARPU for Pay-TV increased to $94.47 in 4Q as compared with $87.02 in the year-ago period. During 4Q, wireless ARPU rose to $38.32 from $38.17 year-on-year. Dish Network ended the fourth quarter with 11.29 million in total pay TV subscribers. This included 8.82 million Dish TV subscribers and 2.47 million Sling TV subscribers. Dish Network’s

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